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Jan 20, 2013
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he believes the deficit is a problem and deficit reduction is a priority. when you look at the approval rate of americans on handling of the economy, it's split half and half with support for the president and 49% versus 48% disapproving. there's a little room to do a big thing. this president is a deficit hawk. >> i'm afraid ezra is right in describing what we are going to be obsessed with. there are a lot of big things left. we had inequality rising in the country for three decades. poverty going up because of the recession. it's a big problem in the country. we had the flight of manufacturing jobs until recently. there's a bit of a turn around there. it seems to me president obama's biggest priority should not be the deficit. it should be restoring shared economic growth. yes, we need to do something about the long term deficit. i think the big argument is going to be between people who want to argue that the whole deal is deficit reduction. let's spend all our time putting on our green eye shades and talking these numbers. ezra will be excellent in desc
he believes the deficit is a problem and deficit reduction is a priority. when you look at the approval rate of americans on handling of the economy, it's split half and half with support for the president and 49% versus 48% disapproving. there's a little room to do a big thing. this president is a deficit hawk. >> i'm afraid ezra is right in describing what we are going to be obsessed with. there are a lot of big things left. we had inequality rising in the country for three decades....
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Jan 17, 2013
01/13
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and let me talk a little bit about the deficit implication. allegedly these guys are saying they want to try to help our debt situation. the debt held by the public is about $10 trillion. that makes the math kind of easy. if we lurch from crisis like this every couple of months, at some point our creditors, the folks who lend ution money, are going to insist on an interest rate premium. suppose it goes up 0.1%, ten basis points. that is equivalent to $10 billion more of debt obligations, and the last time we even bellied up to this debt ceiling debate according to the bipartisan policy center, it cost us about $19 billion over ten years because of the very interest rate affect i'm defining. this is a manufactured crisis mentality with the goal of disparaging government and slashing the heck out of social insurance and spending. make no mistakes about it. >> to jared's point, it does nothing to the deficit. >> it makes it worse. >> it makes it worse. >> paul ryan has never been interested in deficit reduction. if you look at the ryan -- >> hang
and let me talk a little bit about the deficit implication. allegedly these guys are saying they want to try to help our debt situation. the debt held by the public is about $10 trillion. that makes the math kind of easy. if we lurch from crisis like this every couple of months, at some point our creditors, the folks who lend ution money, are going to insist on an interest rate premium. suppose it goes up 0.1%, ten basis points. that is equivalent to $10 billion more of debt obligations, and...
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Jan 19, 2013
01/13
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let's wait until people get oldest and sickest and the way we'll fix the budget is, the deficit, is when they get oldest and sickest we're going to take away their benefits. that is totally insane. >> right. >> you're talking about something like for instance raising the eligibility age. >> raising the eligibility age. >> how does the table feel about raising the eligibility age? >> no, no. >> the republicans want us to talk about the budget, the debt ceiling as if that is the only issue out there. i mean the real biggest issue in my opinion is jobs in the economy. >> yes. >> we still have to do everything we can. once we get the economy back you'll have revenue coming in and take care of a lot of the long-term shortfalls in different areas but i personally support the proposal to get rid of the debt ceiling requirement. >> yes. >> i think it is absolutely ridiculous we still have this. >> right. >> this stupid debate that they want to do three months at a time because they want to fight every three months. >> we should note dick gephardt when he was running, speaker in the past, had cre
let's wait until people get oldest and sickest and the way we'll fix the budget is, the deficit, is when they get oldest and sickest we're going to take away their benefits. that is totally insane. >> right. >> you're talking about something like for instance raising the eligibility age. >> raising the eligibility age. >> how does the table feel about raising the eligibility age? >> no, no. >> the republicans want us to talk about the budget, the debt ceiling...
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Jan 17, 2013
01/13
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did you sense there was a deficit of trust between, say, you and the president early on? in afghanistan? >> if you think of any complex endeavor that you're a part of, and you're going to do it with a team of people, if you don't trust them at the outset, you're going to have to develop trust very quickly. >> and he never chose you in this case. do you think that's the issue? >> i think he was involved. i was chosen by secretary gates, and clearly approved by the president. so i wases his commander. i replaced general mckiran in june of 2010. i think, though, there are a number of things. i think people underestimate the difference between the cultures of the civilian culture and military culture. it's not an opposition. they are just different. so they use different words, different backgrounds. they have a different understanding sometimes of history. plus a new administration comes in, any new administration, doesn't matter which party. and they've got to form a team and they're trying to internally form a team and also trying to form a team with people like dod. i wan
did you sense there was a deficit of trust between, say, you and the president early on? in afghanistan? >> if you think of any complex endeavor that you're a part of, and you're going to do it with a team of people, if you don't trust them at the outset, you're going to have to develop trust very quickly. >> and he never chose you in this case. do you think that's the issue? >> i think he was involved. i was chosen by secretary gates, and clearly approved by the president. so...
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Jan 16, 2013
01/13
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we didn't have a deficit and debt crisis the way we do right now. let's be fair about the facts. we are in a debt crisis. however, when something like this happens, it's an exception to the rule. these people are hurting. they need the help of the federal government, and that's what we're going to deliver today. the bottom line is we're going to move forward and get this done. >> you know, i have been blessed to get to know some of the really good people up in your borough like teddy atlas and your borough president. they're doing great work. tell us how bad it is. we're looking at pictures of the people under water during the flood. have just been devastated. i saw some of that stuff on your own island of staten island a couple weeks ago, it was really rough. >> it's horrendous. this is a war zone. let me be clear, don't forget about -- you see homes crushed. you see people's personal belongings wiped out to sea, but there's also emotional scars that you cannot see. just this past weekend i had a mother tell me her children are deathly afraid when it rains because they think the
we didn't have a deficit and debt crisis the way we do right now. let's be fair about the facts. we are in a debt crisis. however, when something like this happens, it's an exception to the rule. these people are hurting. they need the help of the federal government, and that's what we're going to deliver today. the bottom line is we're going to move forward and get this done. >> you know, i have been blessed to get to know some of the really good people up in your borough like teddy...
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Jan 17, 2013
01/13
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cutting the deficit. and oh, yeah, lowering unemployment. make no mistake about it. it's ambitious. but the president is entering his second term with a job approval among the highest since the early months of his presidency. his favorability rating has jumped nine point ins the last three months. at the very same time, the other side is fractured. destroying themselves. they're even threatening impeachment over the issue. we want all tools available to use including impeachment. >> could that build up to make a case for possible impeachment. >> all options should be on the table, undoubtly. >> and if that weren't enough, they're back. that's right, the birther brigade is stronger than ever. 64% of americans think president obama is hiding important information about his early life. 64%. no wonder the gop is going off the deep end. and no wonder the president is looking better than ever joining me now, jonathan kapart. thanks for coming on the show tonight. >> 64% is questioned about the president's early life. how do you explain that? well, look. 64% questioning the president's ear
cutting the deficit. and oh, yeah, lowering unemployment. make no mistake about it. it's ambitious. but the president is entering his second term with a job approval among the highest since the early months of his presidency. his favorability rating has jumped nine point ins the last three months. at the very same time, the other side is fractured. destroying themselves. they're even threatening impeachment over the issue. we want all tools available to use including impeachment. >> could...
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Jan 14, 2013
01/13
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there's actually been several rounds of deficit reduction worth reviewing. back in 2010 and '11, they put a bunch of continuing resolutions or kind of spending caps onto mostly discretionary programs. in 2011 when we had the debt ceiling debacle, they agreed to the budget control act which was another billion dollars, roughly, of cuts. again, mostly from if not entirely from discretionary programs. and then, of course, we had the fiscal cliff which was $650 billion of revenue increases. so so far, we've actually had $2.4 trillion over a ten-year period of deficit reduction. but about 30% of it has come from rev lienue increases and at the other 70% from come from spending cuts. entirely from discretionary programs. >> what's the budget control act? >> it's what came out of the last debt ceiling debacle when the republicans and the democrats agreed on this trillion dollars of roughly discretionary -- all discretionary spending reductions. but the point is, none of this really touches entitlements. none of it touches the mandatory. and its $2.4 trillion. >> wh
there's actually been several rounds of deficit reduction worth reviewing. back in 2010 and '11, they put a bunch of continuing resolutions or kind of spending caps onto mostly discretionary programs. in 2011 when we had the debt ceiling debacle, they agreed to the budget control act which was another billion dollars, roughly, of cuts. again, mostly from if not entirely from discretionary programs. and then, of course, we had the fiscal cliff which was $650 billion of revenue increases. so so...
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Jan 21, 2013
01/13
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the deficit ought to be reduced, not on the backs of seniors. the president clear about that today. even though we won't settle all those disputes, you know, next two or four years, that's no excuse for inaction. >> in terms of the outside game that you were just describing there, a thing to talk about throughout today's time to talk and we have been covering the official festivities is a decision by the campaign effort to turn itself in to from organizing for america in to organizing for action, a formalization of the campaign apparatus to be used during the president's time in office. not necessarily for the nexttin jaebd do agenda done. does that mean campaign style ads run against members of congress to try to persuade them to vote a certain way in congress and otherwise might not have voted without that ad? will that happen? >> well, i would just say stay tuned for what exactly we'll do. we'll be very aggressive and the decision made for us by the supporters. we did an exhaustive project after the campaign and asked them what they wanted to do and the answer very clear. they wa
the deficit ought to be reduced, not on the backs of seniors. the president clear about that today. even though we won't settle all those disputes, you know, next two or four years, that's no excuse for inaction. >> in terms of the outside game that you were just describing there, a thing to talk about throughout today's time to talk and we have been covering the official festivities is a decision by the campaign effort to turn itself in to from organizing for america in to organizing for...